PROOF: They Are Lying To You About Bitcoin! Peter Schiff Owns Bitcoin. Wall Street Buying.

They don’t need you to know what goes on behind the scenes. Let’s get into it.
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  1. Just an FYI, Schiff Gold works with Bitpay. So we don't actually receive any Bitcoins when customers pay with Bitcoin. The Bitcoins are sold for dollars by Bitpay before the sale is finalized. So Schiff Gold receives dollars, not Bitcoin. We don't even have to sell Bitcoin as we never receive any. Our margins are about 1%. Impossible to take Bitcoins as 100% of our profits could easily be wiped on as the price of Bitcoin fluctuates. Also Jeffry Tucker must be referring to the wallet Eric Voorhees set up for me after our Bitcoin debate in NYC. It has less than $100 worth of Bitcoin, Bitcoin cash, and Ether in it. I never bought any. I got it for free.

  2. Your aunt Mildred isn't going to use Bitcoin. Therefore, it will never be widely adopted. Also, central banks are tinkering w/ crypto. Again, who do you think the masses will use. Scarcity isn't an argument for it either. After all, if people don't use or want it, there is no demand.

    The "Smart Money" is institutions getting ready to pump this up again, and then crash it when the idiots come along. So in this sense, you are correct about the manipulation. It happens in all markets, stocks, currencies, commodities, etc. In a small an wild west environment, its even easier. That being said – yes – Bitcoin will go higher in the short-term. However, there will be yet another crash coming a bit later.

  3. Lmao. There are people that haven't realized Crypto as a whole is an entire scam? I thought you guys would have turned 18 by now and be able to trade in the grown-up's stock market.

  4. This whole video is kind of silly for the very reason that any one who is holding cryto or gold or silver is doing so for the same reasons. I think anyone who puts all there assets in crypto is foolish. Just as it would be equally foolish to put all your eggs in one basket. Simple truth is cryto is not tangable and it can be printed because it is open source. That is why there are so many of them today. When I mined bit coin there was just Bitcoin now there are hundreds of cryto currencies. All of which are nothing more than ones and zeros. So the smart move in my opinion is quit worrying about what others are doing and come up with a diversified plan that makes sense for you as a individual.

  5. Don't listen to YouTube too if they already famous in YouTube.
    But listen to those YouTube beginner because they are new and they want to be famous so most of them will speak the truth try to be good.
    For those YouTube channel comes with ads that means they already famous so don't trust too much on them they are already do for ads. For their own purposes not really for us.

  6. Yes let me give you money backed by gold for something that isn’t backed by gold or anything at all…..if it’s just as good why do you need the old outdated money for me to have your imaginary money. Yes it will go up, then it will go down as it has for years but it will never take over

  7. You guys never talk about the conversion rate between fiat and bitcoin. The exchanges owns these on-ramps and off-ramps. You have to pay upwards of 14% to convert one way between bitcoin and fiat. There is virtually nothing for gold to fiat and back.

  8. they take bitcoin and buy more gold and silver with it. it's no brainer guys bitcoin is not going to make you rich you young people are clueless about real sound money it's intertwined to dollar it dollar goes down guess what? I wish you guys would watch Gregory mannarino and Greg hunter YouTube interview I'm not being negitive just trying to help you guys out so you are wide awake to what's coming and that YouTube video explains everything just watch it makes your own mind up..

  9. Just as I yelled out "HAH" when I saw Peter Schiff accepts bitcoin, I read his comment reply clarifying he uses bitpay and doesnt actually receive bitcoin. We will get you one day sir, I would bet that you own bitcoin.

  10. We should ask, "Why does the "short interest" in Bitcoin continue to rise with the price increase? Have not yet felt enough pain from the bleeding?
    Hmm.. or maybe… Imagine the players on Wall Street waiting for the infrastructure and regulation to set in place for their full participation in the best-performing asset class of the century. Well, maybe if I were a large institutional player waiting on the sidelines, and I notice that retail investors are fronting a surge in interest & price for bitcoin, and if I could afford to sit on an underwater short position, then I might effectively be able to manipulate the price at a future time to scare newcomers away to maybe tip the scales, in order to delay or hold back prices until entry – or any number of possible desired outcomes. Especially if I had friends that think the same way

  11. This type of video, calling out someone like Peter Schiff, has just lost you respect in my book. Make your own name with your own brains, and don’t accuse others of scamming the rest of us with no proof dude.

  12. The denial. Normal behavior of seeing the end right at their faces. No more fees and much less physical interaction. Who can’t beat-coin what’s coming lol

  13. Ok ok let’s be clear all news and updates looks like from what I can see is coming straight from altcoin daily .. and I don’t use Blockfolio fools I use the HODL app since 2017 nov so long they gave me all features free . So trust me when I tell you I’m a og to crypto but altcoin daily breaks the cyberspace it’s very clear now

  14. If an investment adviser tells me that the most profitable investment this century has no value, then his advice has LESS THAN NO VALUE. Any financial advice he gives will be ignored as will anything else he says.
    If your opinion is so set against cryptocurrencies and the projects they represent that you can not even acknowledge the technological advancements they bring to the world, then what does that tell me about the rest of your ability to properly evaluate any other investment.

    The satanic parasitical snakes will always do opposites

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